AB Moderate Buffer ETF (NASDAQ:BUFM) Short Interest Update

AB Moderate Buffer ETF (NASDAQ:BUFM) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 12,871 shares, a decrease of 49.3% from the May 14th total of 25,385 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 44,392 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of AB Moderate Buffer ETF

A hedge fund recently raised its stake in AB Moderate Buffer ETF stock. Alliancebernstein L.P. lifted its stake in shares of AB Moderate Buffer ETF (NASDAQ:BUFM) by 47.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,822,428 shares of the company’s stock after purchasing an additional 1,547,094 shares during the quarter. Alliancebernstein L.P. owned 92.74% of AB Moderate Buffer ETF worth $176,190,000 as of its most recent SEC filing.

AB Moderate Buffer ETF Price Performance

BUFM opened at $40.24 on Friday. AB Moderate Buffer ETF has a 52-week low of $35.96 and a 52-week high of $40.67. The business’s fifty day moving average is $39.77 and its 200-day moving average is $39.33.

About AB Moderate Buffer ETF

The AB Moderate Buffer ETF (BUFM) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFM was launched on Dec 9, 2024 and is issued by AB Funds.